Along with micro-finance goes cell phone-enabled micro payment

M-PESA is a Safaricom service allowing you to transfer money using a mobile phone. Kenya is the first country in the world to use this service, which is offered in partnership between Safaricom and Vodafone. M-PESA is available to all members of the public, even if you do not have a bank account or a bankcard. I would expect to see this service rapidly adopted by developing countries. As the cellphone is used more frequently by buyers and sellers to determine prices, such a service as M-PESA will be used to settle small transactions. Read of a new US-based startup that provides micropayment via cell phone.